Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.00 and traded as low as $4.93. Tele2 AB (publ) shares last traded at $4.98, with a volume of 1,168 shares traded.
Wall Street Analyst Weigh In
Separately, Citigroup raised shares of Tele2 AB (publ) to a "strong-buy" rating in a research note on Tuesday, September 24th.
Get Our Latest Analysis on Tele2 AB (publ)
Tele2 AB (publ) Stock Performance
The firm has a fifty day simple moving average of $5.00 and a 200-day simple moving average of $5.18. The stock has a market cap of $6.81 billion, a price-to-earnings ratio of 19.15 and a beta of 0.59. The company has a current ratio of 0.58, a quick ratio of 0.52 and a debt-to-equity ratio of 1.07.
Tele2 AB (publ) (OTCMKTS:TLTZY - Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $709.41 million during the quarter. Tele2 AB (publ) had a return on equity of 17.26% and a net margin of 12.97%. Analysts forecast that Tele2 AB will post 0.26 EPS for the current fiscal year.
About Tele2 AB (publ)
(
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Tele2 AB (publ) provides fixed and mobile connectivity, handset related data services, and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers mobile telephony and data, fixed broadband, fixed telephony, switch and contact center, cloud services, IT services, network services, workplace, video and collaboration, united communications, and security services.
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